Announcement time of this financial report: 2023-10-25 18:54:42
Jin Tongling Technology Group Co., Ltd. (stock code: 300091) is an integrated service enterprise, mainly engaged in high-end equipment manufacturing and engineering general contracting business. The company has a number of engineering and technical capacity and contract energy management operation qualifications, can provide EPC, BOT, BOO and other services. The company pays attention to independent research and development and technological innovation, and has provincial R & D centers and joint laboratories. Its main products include industrial blowers, air compressors, steam compressors, generator sets, boilers, freezers and so on, which are widely used in many fields. In addition, the company is also actively expanding system integration application scenarios, including wind system transformation, smart energy system integration, energy storage energy station system integration and so on.
In terms of assets and liabilities, Jin Tongling's total assets were 6.142 billion yuan at the end of the third quarter of 2023, up from 6.102 billion yuan at the end of the previous year. The total liabilities were 3.848 billion yuan, up from 3.694 billion yuan at the end of last year. The company's net worth was 2.294 billion yuan, down from 2.409 billion yuan at the end of last year. The asset-liability ratio was 62.65%, up from 60.53% at the end of the previous year.
In terms of profit, the company's operating income from the beginning of the year to the end of the third quarter of 2023 was 1.04 billion yuan, down from 1.17 billion yuan in the same period last year. The operating cost was 934 million yuan, down from 988 million yuan in the same period last year. Gross profit margin was 10.17%, down from 15.58% in the same period last year. Return on equity (ROE) was-4.97%, down from 0.21% at the end of last year.
In terms of cash flow, the cash inflow from operating activities was 1.699 billion yuan from the beginning of the year to the end of the third quarter of 2023, an increase from 1.551 billion yuan in the same period last year. Cash outflow from operating activities was 1.767 billion yuan, down from 1.811 billion yuan in the same period last year.
To sum up, in the first half of 2023, Jin Tongling faced the environment of fierce market competition, and seized the opportunity through a variety of measures to adjust the relationship between supply and demand of products. Although operating income and net profit declined during the reporting period, the company maintained the momentum of R & D innovation and project construction, and focused on production safety. However, from the perspective of financial data, the company's asset-liability ratio has increased, and the return on net assets has declined, indicating that the company is under greater operating pressure.
For investors, although Jin Tongling shows a certain degree of resilience in the market competition, but from the financial data, there is a certain pressure on the company's operating conditions. It is suggested that when making investment decisions, investors need to fully consider the company's operating conditions and market environment, and invest cautiously.
This article only represents the judgment made by the analyst himself or the analyst on the basis of AI analysis, and can not be used as any investment index, nor does it constitute any investment advice. The original intention of this paper is to help investors analyze and judge the capital market data in the most intuitive and fast way and from the most professional perspective.